Infrastructure Read
The decision about how to spend the money falls largely to state governments, raising questions about whether the package can live up to its ambition.
President Biden, who is facing low approval ratings, hopes the infrastructure bill will help him project sustained progress in confronting a surge in inflation and growing alarm about the midterm elections.
Billions of dollars will now pour into American communities, although the final package falls short of the president’s ambitions.
President Biden, surrounded by lawmakers from both parties, signed the $1 trillion infrastructure bill into law. The legislation marked a bipartisan victory, but fell short of Mr. Biden’s initial $2.3 trillion proposal.
President Biden is expected to sign the $1 trillion infrastructure spending bill into law surrounded by lawmakers from both parties who backed the measure.
Officials said that federal money, including the $1 trillion infrastructure bill, will help the M.T.A. keep fares stable for at least six months and avoid service cuts.
Officials said that federal money, including the $1 trillion infrastructure bill, will help the M.T.A. keep fares stable for at least six months and avoid service cuts.
In total, the measure contains $550 billion in new funds to be spread around different areas of need.
President Biden is set to sign $1 trillion in infrastructure spending into law. But rising prices will determine what happens to his social bill.
How will money from the infrastructure bill be spent? State and local officials have their wish lists.
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